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president obama today speaking at a truck engine plant in michigan said he's willing to give a little but he's not willing to compromise when it comes to higher taxes on the wealthiest americans. notice, though, he did not say he was married to a specific rate. as for house speaker boehner who he met with yesterday at the white house, he said the gop offer remains the same, no rate hikes. however, there were more signs over the weekend that republican unity may be cracking a little bit with a number of lawmakers who want to take the tax issue off the table asap. >> there is a growing group of folks looking at this and realizes we don't have a lot of cards as it relates to the tax issue before year end. we have one house, that's it. the presidency and the senate is in the democrats' hands. a lot of people are putting forth a theory. i actually think it has merit. i actually am beginning to believe that's the best route for us to take. >> what we ought to be working on is the other 93% because even if you do what he wants to do on tax rates, you only affect 7% of the deficit. what we ha
president obama today speaking at a truck engine plant in michigan said he's willing to give a little but he's not willing to compromise when it comes to higher taxes on the wealthiest americans. notice, though, he did not say he was married to a specific rate. as for house speaker boehner who he met with yesterday at the white house, he said the gop offer remains the same, no rate hikes. however, there were more signs over the weekend that republican unity may be cracking a little bit with a...
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thousands battling over michigan's right to work. will the governor reconsider the controversial measure. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two d
thousands battling over michigan's right to work. will the governor reconsider the controversial measure. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp...
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is right for michigan. tell us in a nutshell, what are you trying to do? >> create an experiment in michigan where we have labor freedom, defined as where unions are free to make their case as workers are to make their choice, dana. >> so originally governor snyder when he started his term, this wasn't necessarily at the top of his agenda. he had the budget deficit situation, the job killing tax he tried to get fix, but saw the results in indiana when governor mitch daniels made indiana a right to work state. is that what michigan is looking to, to try to figure out how to jump-start this economy that's lagged at 18.9% unemployment rate? it's too much to bear for workers there. >> governor snyder has been consistent from the beginning that it wasn't on his agenda yet, but he's been successful at leading us through dramatic changes in michigan. we are the comeback state, but now with the data that we've received from the blessings of having to work through proposal two, it's clear that they want us to become
is right for michigan. tell us in a nutshell, what are you trying to do? >> create an experiment in michigan where we have labor freedom, defined as where unions are free to make their case as workers are to make their choice, dana. >> so originally governor snyder when he started his term, this wasn't necessarily at the top of his agenda. he had the budget deficit situation, the job killing tax he tried to get fix, but saw the results in indiana when governor mitch daniels made...
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demonstrators came from all over michigan and neighboring states. united auto worker, teamsters, brotherhood of ewhether he can tri call workers and school teachers. the school district reports 750 staffers called in sick and schools were closed. this is a fight that the michigan governor, republican rick snyder said he did not want. he says he warned labor proponents against an effort called proposition two. which would have enshrineed selective bargaining rights in the michigan constitution. that ballot issue failed in the november election. >> what continued after that is start of the discussion right to work. >> it became a loud and boisterous discussion. so i felt at times in terms of the good leadership to say i didn't want it on my agenda now. it's here. >> demonstrators say working men and women are the subject of political retribution. >> retribution for standing up and fighting for working people. they want to us attack the different groups. they attack us. >> right to work legislation would outlaw the mandatory union due and membership as
demonstrators came from all over michigan and neighboring states. united auto worker, teamsters, brotherhood of ewhether he can tri call workers and school teachers. the school district reports 750 staffers called in sick and schools were closed. this is a fight that the michigan governor, republican rick snyder said he did not want. he says he warned labor proponents against an effort called proposition two. which would have enshrineed selective bargaining rights in the michigan constitution....
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he want what is is best for michigan. >> eric: we have to go. >> dana: 57% of michigan agree. >> bob: why did they attack the innocent what did they have against camping? >> eric: they attacked a tent. crowder was trying to make sure no one got hurt inside the tent. coming up, truth about the most controversial scenes in a controversial movie "zero dark thirty." a lot of backlash over the waterboarding staged in the bin laden raid film. keep it right here. on "the five." ♪ ♪ [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've bought ragu for years. [ thinking ] wonder what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relief ] [ male announcer ] choose taste. choose prego. the red cross was down here all the time. [ man ] they've given us a lot of heart. in times of need, they're there. ♪ [ kerry ] my dad was watching his house burn. he turned around, and all of a sudden, therwas this guy standing there from the red cross. at a point where i had just lost everything, the idea that there was someone there... that
he want what is is best for michigan. >> eric: we have to go. >> dana: 57% of michigan agree. >> bob: why did they attack the innocent what did they have against camping? >> eric: they attacked a tent. crowder was trying to make sure no one got hurt inside the tent. coming up, truth about the most controversial scenes in a controversial movie "zero dark thirty." a lot of backlash over the waterboarding staged in the bin laden raid film. keep it right here. on...
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they claim they're helping the michigan economy. but michigan voters don't seem to agree. this is a number that is astounding. a new poll out shows that only 6% of voters surveyed want the legislature to make michigan a right to work state. union members say michigan republicans are simply hurting the economy. >>. >> tell me what democracy looks like! >> we're still here. we're still going to fight, even when the odds are stacked against us. >> i know that they're saying that right to work will make more jobs. but i don't think that. i believe that right to work is going to hurt the people out there. >> to take that away by this kind of right-wing attack by the republican administration is a disgrace to everything michigan has stood for decades and decades. >> so governor snyder, i find it interesting. if you sign this, how can you stand in front of the people and say this is what the people want with a number like that? this is how serious this issue is tonight. the entire democratic delegation called a special meeting with the michigan governor. senator debbie stabenow,
they claim they're helping the michigan economy. but michigan voters don't seem to agree. this is a number that is astounding. a new poll out shows that only 6% of voters surveyed want the legislature to make michigan a right to work state. union members say michigan republicans are simply hurting the economy. >>. >> tell me what democracy looks like! >> we're still here. we're still going to fight, even when the odds are stacked against us. >> i know that they're saying...
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one republican michigan governor of late said just this year that michigan would never make that mistake. he told a u.s. house committee i don't believe it's appropriate in michigan during 2012. another quote, you look now that they've had those things happen, talk about neighboring states. do they have a productive environment to solve problems? not necessarily. they're still overcoming the guysiveness, the hard feelings from all of that. that last quote of course was from rick snyder. current governor of michigan, who is apparently now been convinced that nothing is too divisive for his state. what happened to governor rick snyder around so fast on this? and what is going to happen to michigan if they pushed this through, as they say they are going to at lightning speed as early as tomorrow morning with no debate? joining us now for some insight is andy potter. he is a state vice president in the michigan labor union. mr. potter himself is a republican, which makes me particularly grate to feel have a chance to talk to you tonight. so thank you for being here. >> absolutely. >> you are
one republican michigan governor of late said just this year that michigan would never make that mistake. he told a u.s. house committee i don't believe it's appropriate in michigan during 2012. another quote, you look now that they've had those things happen, talk about neighboring states. do they have a productive environment to solve problems? not necessarily. they're still overcoming the guysiveness, the hard feelings from all of that. that last quote of course was from rick snyder. current...
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it's about the foworkers of michigan. they work hard to provide for their families and grow our great state. it's clear they are focused on politics. we're focused on the hard-working men and women who make our state so great. >> what i gather from news reports -- tell me if this isn't right. the teachers union is boycotting and starting to close schools tomorrow in protest. that sort of thing happens, they ought to get fired. first of all, is it true? are they going to boycott school days and hurt the kids? >> we are seeing kids closed because teachers are calling in. it's unfortunate. they need to put kids first. we need to put our future first. that's what the law does. if we get to the debate on the issue, we're asking to give workers the choice so they can make the decision about which organizations they want to join and which they don't want to join. unfortunately a lot of politics get drug in. the issue gets put aside. unfortunately politics demonstrates -- just takes over the issue. we're not going to let it happe
it's about the foworkers of michigan. they work hard to provide for their families and grow our great state. it's clear they are focused on politics. we're focused on the hard-working men and women who make our state so great. >> what i gather from news reports -- tell me if this isn't right. the teachers union is boycotting and starting to close schools tomorrow in protest. that sort of thing happens, they ought to get fired. first of all, is it true? are they going to boycott school...
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jeff flock is in lansing michigan covering the story for us. i thought it was interesting how you covered the scene there with michigan a few years back, excuse me, wisconsin. >> wisconsin, exactly. not the same kind of intensity. part of that is because this is already pretty much a done deal. there they had not a teacher headed off. the second one being debated right now. but renew over here to the scene of the george romney state office building. george romney, former governor of wisconsin, and father of mitt romney. the large group of protesters are trying to get into the crowd and see. they have essentially ringed the entrance of the building trying to make their voices heard. they feel very frustrated. they feel this had passed in a lame duck session without the opportunity for there to be more debate about it. that is their feeling. at this point you mentioned a little bit of white you could call it violence. nothing serious at this point, but we want to keep an eye on this because there are lots of folks, pretty hard to believe michigan
jeff flock is in lansing michigan covering the story for us. i thought it was interesting how you covered the scene there with michigan a few years back, excuse me, wisconsin. >> wisconsin, exactly. not the same kind of intensity. part of that is because this is already pretty much a done deal. there they had not a teacher headed off. the second one being debated right now. but renew over here to the scene of the george romney state office building. george romney, former governor of...
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the president was in michigan speaking before autoworkers and selling his tax plan. >> if congress doesn't act soon, meaning the next few weeks, starting on january 1st, everyone is going to see their income taxes go um. it's true. you all don't like that. we can solve this problem. all congress needs to do is pass a law that could prevent a tax hike on the first $250,000 of everybody's income. everybody. [ applause ] that means 98% of americans and probably a hundred percent of ewe. >> some americans are slowly but steadily facing on the reality of fiscal americans. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we had one house. that's it. the presidency and the senates and the democrat's hands. so a lot of people are putting forth a theory and i actually think it has merit where you go in and give the president the two percent increase that he's talking about, the rate increase on the top two percent. and, all of the sudden, the shift goes back to entitlement. >> well,
the president was in michigan speaking before autoworkers and selling his tax plan. >> if congress doesn't act soon, meaning the next few weeks, starting on january 1st, everyone is going to see their income taxes go um. it's true. you all don't like that. we can solve this problem. all congress needs to do is pass a law that could prevent a tax hike on the first $250,000 of everybody's income. everybody. [ applause ] that means 98% of americans and probably a hundred percent of ewe....
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the president commented today on the battle over michigan's so-called right to work bill. hundreds of demonstrators showed up at the state capitol in lansing to protest the measure. it would make it illegal to force workers to join unions or more specifically to pay dues. supporters say it will bring more jobs to the state but opponents say non-union workers will end up getting union benefits for free. they claim the real goal is to weaken organized labor. >> these so called right to work laws, they don't have to do with economics. they have everything to do with politics. what they're really talking about is giving you the right to work for less money. >> this is a state issue. indiana did this under governor mitch daniels a couple years ago. they've had some job growth since then. we have to compete. my district is along the state line. we have to compete with them. >> reporter: if it happens, this would be -- michigan would be the 24th state toes pa the law. the house and senate approved their own versions last week. they're set to pass final bill tomorrow. opponents ar
the president commented today on the battle over michigan's so-called right to work bill. hundreds of demonstrators showed up at the state capitol in lansing to protest the measure. it would make it illegal to force workers to join unions or more specifically to pay dues. supporters say it will bring more jobs to the state but opponents say non-union workers will end up getting union benefits for free. they claim the real goal is to weaken organized labor. >> these so called right to work...
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bean. >>> want to take you to lansing, michigan. this video shot a few moments ago where the state legislature is considering making michigan the 24th right to work state. basically restricting unions in what is obviously a stronghold of organized labor. this is the scene outside the capitol which has already been closed because it was filled to capacity. an estimated 10,000 people demonstrating outside where it's about 25 degrees. also several school districts in michigan have been closed as the teachers there have gone to lansing to join the rallies. quite a scene today in michigan. >>> meantime, time for a capital markets op-ed. gary, we mentioned madoff. it's hard to believe it's been four years. >> as a matter of fact, david and i were just talking about it offset. it was 3:00 four years ago today. i got a phone call. you're not going to believe this. they finally got madoff. faber and i had been chatting about it probably for close to a decade. remember, within the industry, the numbers, the performance, this was something tha
bean. >>> want to take you to lansing, michigan. this video shot a few moments ago where the state legislature is considering making michigan the 24th right to work state. basically restricting unions in what is obviously a stronghold of organized labor. this is the scene outside the capitol which has already been closed because it was filled to capacity. an estimated 10,000 people demonstrating outside where it's about 25 degrees. also several school districts in michigan have been...
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on the michigan capital building today. they plan to protest a likely passage of a right to work law. the republican-controlled mission house will consider two and perhaps as many as three bills today that would prohibit unions from sourcing private sector workers and government employees to pay union dues. michigan would then become the 24th so-called right to work state. >>> and jpmorgan is jumping to first place in a u.s. customer satisfaction survey. its three biggest rivals, posting a decline in their scores, including perennial lead her wells fargo. but the index finds smaller banks and credit unions continue to record higher numbers than all large banks. >>> let's go to the futures pits now and talk to kevin ferry at cronus futures management. kevin. >> good morning, andrew. >> set up the week for us, if you could, sir. >> okay. well, interestingly, the political situation has kind of kept the fed on the back burner, because it's probably going to be one of the most important and open meeting that they've had -- we'v
on the michigan capital building today. they plan to protest a likely passage of a right to work law. the republican-controlled mission house will consider two and perhaps as many as three bills today that would prohibit unions from sourcing private sector workers and government employees to pay union dues. michigan would then become the 24th so-called right to work state. >>> and jpmorgan is jumping to first place in a u.s. customer satisfaction survey. its three biggest rivals,...